2016
DOI: 10.1016/j.sbspro.2016.05.127
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Service Provision in the Framework of Industry 4.0

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Cited by 79 publications
(49 citation statements)
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“…Economic benefits from a strategic perspective were derived from literature regarding Industry 4.0-based business models [1,36,40,41] and their positive influence on companies' competitiveness [25,[68][69][70][71][72]. Economic benefits from an operational perspective were derived from literature regarding different aspects that are enabled by Industry 4.0 based on data availability in real-time across the supply chain [3,28,30,42,74,75], manufacturing quality [3,75], mainly enabling cost benefits.…”
Section: Methodsmentioning
confidence: 99%
See 1 more Smart Citation
“…Economic benefits from a strategic perspective were derived from literature regarding Industry 4.0-based business models [1,36,40,41] and their positive influence on companies' competitiveness [25,[68][69][70][71][72]. Economic benefits from an operational perspective were derived from literature regarding different aspects that are enabled by Industry 4.0 based on data availability in real-time across the supply chain [3,28,30,42,74,75], manufacturing quality [3,75], mainly enabling cost benefits.…”
Section: Methodsmentioning
confidence: 99%
“…A consequent orientation towards services is expected, which accelerates the vanishing separation between product manufacturing and service provision. Companies can use these services to offer highly individualized and customized solutions [4,41]. Here, significant opportunities for manufacturing companies' global competitiveness are expected [18].…”
Section: Strategymentioning
confidence: 99%
“…A consequent orientation towards services is very likely and this accelerates the vanishing separation between product manufacturing and the provision of services. Companies can use these services to offer customized solutions and a high degree of individuality (Rennung, Luminosu, & Draghici, 2016).…”
Section: Actuality and Relevancementioning
confidence: 99%
“…Industry 4.0 came to respond to the increasing demand for innovative solutions in production and logistics, producers are focusing on creating greater value for customers, who are becoming more aware and advanced demanders for reliable, personalized and high-quality products (Witkowski, 2017). Industrial businesses are seeking more competitive position through acquiring flexible production lines, zero inventory, efficient resources allocation, high responsiveness to market demand, lower logistic and labor costs, and to acquire more competitive advantages above other competitors (Rennung et al, 2016;Wang et al, 2017).…”
Section: Introductionmentioning
confidence: 99%